Inflation, rising interest rates, and a 30-trillion dollar national debt all mean one thing: benefits will need to be cut, taxes have to go up...or both!

This course will help you MINIMIZE or ELIMINATE taxes in retirement. Don't let congress raid your life savings to pay for their fiscal mismanagement.

If you are like most people, then you probably have the vast majority of your savings tied up in your home, 401k, and IRA accounts.

The unpleasant truth about retirement accounts is that, in return for the tax deduction Congress granted you when you earned the money, they will demand it back in full.

See, Congress has attached a little spigot to your retirement account, in the form of what's known as "Required Minimum Distributions." These distributions are specifically designed to drain your entire retirement nest egg during your lifetime.

This also has the unpleasant side effect of actually pushing retirees into higher tax brackets in retirement.

See, during our working years, the tax code works in our favor. It provides us with deductions for buying a house, saving money in our retirement accounts, and credits for doing things like having kids.

In retirement, those incentives go away. We no longer have a mortgage or dependent children (hopefully) to claim on our taxes. This means that we get hit with the full brunt of the tax code...and when we take those "Required Minimum Distributions" from our account, - they get taxed as ordinary income, at our new higher retirement tax brackets.

And if you thought that taxes were high now, just you wait.

Taxes Have to Increase!

Taxes will increase. It's just basic math. Here's why.

Currently, in the United States, 78% of the federal budget is allocated to Social Security, Healthcare, Retirement programs, and paying the interest on our national debt.

The remaining 22% is used to pay for programs like our military, the IRS, food stamps, education, unemployment, the department of justice, homeland security, foreign aid, etc...

In 2021, the US collected $4.05 trillion in revenue and spent $6.82 trillion on debt, which is a $2.77 trillion dollar deficit. Our National Debt as of Dec 2021, was 29 trillion dollars. However, our interest payments were only (only!) 562 billion dollars. In essence, we are funding our national deficit with historically low-interest rates, which is great - so long as it helps build our economy.

What Happens When Our Nation's Debt Payments Skyrocket 18x?

But what do you think will happen when interest rates normalize? The Fed has already returned interest rates to pre-2001 levels!!! And they aren't stopping!

How do you think congress is going to pay for our nation's rising credit card payments? It's not going to be by cutting Military Spending or vote-grabbing handouts...The only real option is to increase tax revenue and decrease spending...

Tax Rates Have Been Higher!

...And if you don't think tax rates can go up, think again.

Currently, US income tax rates are at an all-time low. See the chart below.

What I want you to notice is not just the higher marginal tax rate but the lowest tax rate. We're currently at 10%, but look at where it was in the 80s and 90s. We can certainly see it returning to those levels, if not higher.

Currently, the US ranks 32nd in terms of effective tax rates. Tax rates are higher around the world, they have been higher in the US, and our national budget will require us to increase taxes.

A tax hike is not “if,” but when...It's just basic math.

By using the tax code to your advantage, you can leverage tax deductions, credits, and tax arbitrage to recognize income when it is favorable to you and not congress. Paying taxes is not inevitable.